Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Bricks 4 Kidz franchise financing options
Compare costs, fees and where to get financing for a Bricks 4 Kidz.
Estimated initial costs
Our cost estimates are accurate as of 2021 from Franchise Direct and include opening fees and expenses only. The location you choose for your Bricks 4 Kidz franchise may result in higher or lower fees.
Franchise feesBricks 4 Kidz franchise fees total around $30,000, which beats out the $37,000 average for the 200 largest franchises nationwide.
|Franchise fee||$10,000 to $50,000|
|Estimated total||$10,000 to $50,000|
Equipment feesEquipment fees total $1,000 for Bricks 4 Kidz. This is less than the $180,023 average for the top 200 franchises.
|Computer system||$500 to $1,500|
|Estimated total||$500 to $1,500|
Training feesBricks 4 Kidz initial training costs total $1,250, which comes in under the nationwide average of $9,788.
|Training expenses, out-of-pocket for two people||$500 to $2,000|
|Estimated total||$500 to $2,000|
Inventory costsInitial inventory for Bricks 4 Kidz shakes out to $1,100. This is less than the nationwide average of $53,119.
|Products and supplies||$200 to $2,000|
|Estimated total||$200 to $2,000|
Marketing costsAdvertisement and marketing costs total up to $3,250 for Bricks 4 Kidz, beating out the nationwide average of $9,938.
|Grand opening advertising||$1,000 to $5,000|
|Marketing materials||$0 to $500|
|Local advertising||Up to 3% of the businessu2019 gross sales (currently, 2%).|
|Estimated total||$1,000 to $5,500|
Licenses and permits costsBricks 4 Kidz initial licenses and permits will set you back $125. This comes out to less than $18,770 — the overall nationwide average.
|Licenses and permits||Cost|
|Business license and permits||$50 to $200|
|Estimated total||$50 to $200|
Administrative feesBricks 4 Kidz administrative fees total up to $675 — which comes in under the overall nationwide average of $6,761.
|Software fees||$250 to $250|
|Technology fees||$225 to $225|
|Office and printing supplies||$200 to $200|
|Costs and attorneys' fees||Will vary under the circumstances.|
|Estimated total||$675 to $675|
Other expensesMiscellaneous expenses for Bricks 4 Kidz total $1,250 — less than the nationwide average of $69,970.
|Professional fees||$500 to $2,000|
|Estimated total||$500 to $2,000|
How to financeThe average cost to open one of the 200 biggest franchises in the US — $385,369 — is well over the estimated total initial costs for $38,650. Securing funds will likely be easier at lower amounts, just follow these steps:
- Review the financial requirements on the Bricks 4 Kidz franchising website.
- Compare banks, online lenders and business credit cards and determine which financing type best suits your needs.
- Once you settle on a financing type, compare lenders based on credit history requirements, amounts offered and interest rates.
- Gather all required documents and apply online or in person.
What types of financing is available?Consider one of the following options for covering a portion of the costs to open a Bricks 4 Kidz.
- Online loan. For a turnaround that's faster than a bank, an online business loan could be the way to go. Credit requirements are often more flexible than those of traditional bank loans, too.
- Credit card. Using a business credit card allows you to spend up to your preapproved limit. This means if extra expenses pop up, you can likely cover them without having to take out another type of financing.
- Bank loan. If you have stronger credit — typically a score of 670 or higher — a traditional bank loan may get you a more favorable interest rate than a credit card or online loan.
- SBA loan. Qualifying for an SBA loan is easier than a traditional bank loan, but it typically comes with fees and higher interest rates.
Compare small business lendersYou may not need financing to cover the estimated $13,425. But if you need funds for other business ventures, select the loan amount, your time in business and revenue and your personal credit score to compare a selection of lenders.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
How Bricks 4 Kidz stacks upCompare how Bricks 4 Kidz holds up against two similarly sized franchises.
|My Gym||Bricks 4 Kidz||Proforma|
|Average Franchise fees||$25,000||$30,000||$34,500|
|Average Equipment fees||$54,875||$1,000||$3,850|
|Average Real estate fees||$49,000||NA||$2,650|
|Average Training fees||$1,000||$1,250||$1,500|
|Average Inventory fees||$3,000||$1,100||NA|
|Average Marketing fees||$10,250||$3,250||$4,500|
|Average Licenses and permits fees||NA||$125||NA|
|Average Insurance fees||$2,125||NA||NA|
|Average Admin fees||NA||$675||$115|
|Average Personnel fees||NA||NA||NA|
|Average Other fees||$10,000||$1,250||$4,500|
Bottom lineBricks 4 Kidz franchise costs run a total of $38,650. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing read our guide to franchise financing.
More guides on Finder
Startup business lines of credit
A business line of credit is a useful tool. But as a startup, you may not qualify for the best interest rates with most lenders. Explore your options — and alternatives — for flexible funding as a new business.
How to start a t-shirt business
Revel in the freedom of running your own business by selling tees online.
Auntie Anne’s Pretzels franchise financing options
Find out how much it costs to open a Auntie Anne’s Pretzels and what financing options are available to you.
NorthStar Moving franchise financing options
Find out how much it costs to open a NorthStar Moving and what financing options are available to you.
Sears Maid Services franchise financing options
Find out how much it costs to open a Sears Maid Services and what financing options are available to you.
Deck the Walls franchise financing options
Find out how much it costs to open a Deck the Walls and what financing options are available to you.
Zoom Drain franchise financing options
Find out how much it costs to open a Zoom Drain and what financing options are available to you.
Casa de Corazon franchise financing options
Find out how much it costs to open a Casa de Corazon and what financing options are available to you.
Sears Handyman Solutions franchise financing options
Find out how much it costs to open a Sears Handyman Solutions and what financing options are available to you.
YogaFit franchise financing options
Find out how much it costs to open a YogaFit and what financing options are available to you.
Ask an Expert